Diezani Alison-Madueke at OPEC headquarters in Vienna, Nov. 27, 2014. Photo: Ronald Zak/AP
Mrs. Folorunsho Alakija (image 234today.com)AFKI Original
Dana Sanchez, 5:06 pm
The greatest impact of a country’s creative industry isn’t how many jobs it creates but how it diversifies the economy, according to NewTimes. This realization has jolted the Rwandan government into action, and the country is looking to Sweden to help Rwandans develop the local creative economy. Sweden’s creative industry helped grow world-renowned brands like Spotify, H&M and Sound Cloud.
Joe Kennedy, 5:00 pm
West Africa isn’t as popular for tourists as east or southern Africa, but for those who choose to go there, Senegal is an excellent destination. Its coastal location, along with its fusion of African and French cultures also make it one of the most interesting countries on the continent. Here are 10 things you didn’t know about Senegal.
Dana Sanchez, 4:30 pm
A new South African trade union is planned for artists, media and creative industry workers. The trade union promises to be independent, democratic and militant. One of the things it will be addressing is regulation of foreign artists visiting or working in South Africa.
Dana Sanchez, 2:24 pm
Canadian filmmaker Nick Saik wants to tell a positive story about GMOs so people can stop being afraid of their food, he says. His documentary, “Know GMO” will focus on evidence from farms in Uganda, Kenya, and Hawaii, with facts and perspectives — but no opinions, he says — from scientists, policymakers, and consumers. The film has the financial backing of some powerful Canadian businesses.
Staff, 1:11 pm
It’s critical to link remittances to the debate about whether people are economic migrants or refugees. Evidence abounds for the importance of remittances and the global value of keeping the money flowing. A few million pounds of development aid is nothing compared to the scale of remittances that many states receive through their diaspora.
Dana Sanchez, 11:49 am AFKI Original
Despite the global financial crisis and no longer being Africa’s No. 1 economy, South Africa is still the top destination in Africa for foreign direct investment. It also ranks high globally, rising two places to become the 13th most attractive FDI destination in the world. India is the only BRICS member and only developing country in the top five sources of FDI to South Africa. Check out this list of top 10 sources and destinations for South African FDI.
Kevin Mwanza, 10:38 am
French economist Thomas Piketty is a puzzled man. Him and other economist across the world are at pain to explain why the South Africa’s ‘Black Economic Empowerment’ programme that was meant to bridge inequality between the rich mostly whites and poor blacks has done the exact opposite. He outlined why he thinks South Africa is still so dramatically unequal – and suggests a few things that can be done about it.
Kevin Mwanza, 6:38 am
Facebook launched Internet.org two year ago, an effort to accelerate the rate of connectivity by addressing the physical, economic and social barriers that are keeping people from getting online. The company plans to work with local partners across Africa to utilize satellite and terrestrial capacity to deliver services to rural areas.
- Real Estate